SoftBank, NTT eye cross-industry platform for AI, data sharing in Japan
SoftBank Corp. is contributing to the building of the infrastructure underlying AI-powered data sharing. (Source images by Nikkei and SoftBank)
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Business & Economy
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Newest first · UTC+11:00US oil inventories sink as Hormuz traffic remains subdued | The National
US crude oil inventories dropped last week amid continued disruptions in the Strait of Hormuz.
· Kyle Fitzgerald
In an era defined by AI, can work still be measured by the clock?
From Seoul to Taipei, Tokyo to Beijing, Asia is running a 21st century economy on a labour contract designed for the 20th century
· David Kim
In an era defined by AI, can work still be measured by the clock?
From Seoul to Taipei, Tokyo to Beijing, Asia is running a 21st century economy on a labour contract designed for the 20th century
· David Kim
Meta earnings slip as Microsoft beats expectations | The National
Meta shares dropped in extended trading on Wednesday after the company issued a weaker-than-expected revenue forecast, while Microsoft reported a jump of 18 per cent in growth to $90 billion.
· The National
(3rd LD) Fed holds key interest rate steady in 9-3 decision
(ATTN: ADDS Trump's remarks in last 2 paras)By Song Sang-ho
· Song Sang-ho
Starbucks reports strong quarterly sales and raises annual outlook
A Starbucks sign is seen outside the coffee company’s global corporate headquarters, May 11, 2026, in Seattle. (AP Photo/Lindsey Wasson, File)
· Dee Ann Durbin
Wall Street sinks after a divided Fed keeps rates on hold, ASX set to fall
Thu 30 Jul 2026 at 7:06am
· Stephen Letts
Hanson seeks to wedge Coalition with Islamic State bill
Topic:Government and Politics
· Joshua Boscaini
Newly minted millionaires raid LA real estate market after stock sale bonanza — as desired neighborhoods revealed
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· Allison Lax
Diamond giant De Beers in talks for $1B sale to consortium – fraction of previous worth due to plummeting demand: report
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· Ariel Zilber
Jadeveon Clowney visits Browns to explore possible reunion after Myles Garrett trade
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· Spencer Brod
Biz sentiment rebounds in July on strong manufacturing outlook: BOK
SEOUL, July 30 (Yonhap) -- South Korea's business sentiment rebounded in July, driven by improved confidence among manufacturers amid robust semiconductor exports, a central bank survey showed Thursday.
· Kim Boram
Interest rates tipped to stay on hold
Products & ServicesOpen Products & Services section
Meta shares drop as Q2 profit declines due to legal expenses and severance costs
Meta Platforms said Wednesday its second-quarter profit declined even as revenue beat Wall Street's expectations, as legal expenses and severance costs for recent layoffs weighed on its results.
· Associated Press
Here are the five big takeaways from this week's Fed meeting
The Federal Reserve on Wednesday followed through on expectations for no interest rate change, and Chairman Kevin Warsh offered little direction in his news conference. The meeting was notable for a surge in dissenting votes, while Warsh looked to provide some clarity on the board's thought process.
· Jeff Cox
How Mamdani’s pied-à-terre tax is pushing NYC business leaders to the brink — and may spark a war
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· Charles Gasparino
Billionaire gives Moscow the middle finger after being placed on Russia’s most wanted list
Pavel Durov, the billionaire founder and CEO of the Telegram messaging app, has repeatedly run into trouble with both the Kremlin and Western officials as he cast himself as a champion of free speech.
· The Associated Press
Senators Push Federal Regulator to Prove School Bus Safety Data Is Accurate
Two leading Democrats on the U.S. Senate committee that oversees transportation safety pressed the nation’s regulator of buses on Wednesday to provide proof it can detect troubled private companies that provide services to schools and municipalities.
· Topher Sanders and Willoughby Mariano
[Wang Son-taek] Why do we need the KoBra Project?
President Lee Jae Myung’s state visit to Brazil could become a turning point in relations between Korea and Brazil. Yet history offers a cautionary lesson. Despite more than six decades of diplomatic relations, the two countries have never fully translated their enormous complementary strengths into sustained strate…
· Korea Herald
[Lee Jong-Wha] Korea bets on industrial policy
Around the world, governments are again using the tools of industrial policy — subsidies, tax incentives, public finance, trade measures and strategic regulation — to shape their economies. South Korea is no exception. President Lee Jae Myung’s government has launched an ambitious strategy to promote semiconductors,…
· Korea Herald
How major US stock indexes fared Wednesday 7/29/2026
Oil prices got back to jumping, while sinking technology stocks dragged Wall Street lower amid uncertainty about what the Federal Reserve will do to get high inflation under control.
· The Associated Press
How China’s beauty brands are using AI to turbocharge the industry
From speeding up development to discovering new cosmetic ingredients and trends, AI is changing how Chinese beauty products come to market
· Bloomberg
How China’s beauty brands are using AI to turbocharge the industry
From speeding up development to discovering new cosmetic ingredients and trends, AI is changing how Chinese beauty products come to market
· Bloomberg
(2nd LD) Fed holds key interest rate steady in 9-3 decision
(ATTN: ADDS Warsh's remarks, other details throughout; CHANGES photo)By Song Sang-ho
· Song Sang-ho
Sean Manaea aces final MLB trade deadline audition in Mets’ win over Braves to open doubleheader
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· Mike Puma
KPMG says ‘no decisions have been made’ on staff purge amid reports of 1000 cuts
KPMG Australia said no decision has been made about job cuts following a report that up to one thousand employees will lose their jobs in response to the whistleblower scandal.
· Colin Kruger
Tarik Skubal trade odds surge as Dodgers, Brewers emerge as favorites
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· Dylan Svoboda
Lemonade Crashes As Customer Growth Miss Spooks Wall Street
Lemonade shares crashed early in the US cash session after the technology-focused insurer reported fewer second-quarter customers than Wall Street expected and announced a transition of its chief financial officer.
· Tyler Durden
Starbucks stock jumps as coffee giant raises full-year outlook
Starbucks on Wednesday raised its full-year outlook after reporting its fourth straight quarter of same-store sales growth.
· Amelia Lucas
ASX set to rise, oil jumps as Middle East tensions escalate; Fed keeps rates on hold after ‘family fight’
Oil prices are back to jumping as Middle East tensions escalate, while the Federal Reserve kept interest rates on hold, with three of the central bank’s rate-setting committee dissenting.
· Stan Choe
Anthropic and OpenAI now bringing in more money than Starbucks and McDonald’s combined
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· Anthony Blair
The type of buyer that just dropped out of the property market
The number of first home buyers looking to take out a home loan has fallen in a year even as property prices soften in some parts of the country and investors exit the market.
· Alice Uribe
War and drought: Another critical oil waterway is about to close
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· Javier Blas
See how the price of everything has changed with inflation
The cost of most everyday items is up. Here's by how much.
· Jessica Riga
Prince Harry hit with financial blow after devastating lawsuit loss
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· Vanessa Serna
US Federal Reserve holds interest rates steady despite Warsh’s inflation vow
The decision drew dissents from three policymakers on the 12-member panel, as Trump’s Iran war continues to push up prices
· Reuters
US Federal Reserve holds interest rates steady despite Warsh’s inflation vow
The decision drew dissents from three policymakers on the 12-member panel, as Trump’s Iran war continues to push up prices
· Reuters
Trump and Netanyahu explored all Iran options including attack, Israeli official says
US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu explored all paths to curb Iran's nuclear project in their meeting this week, including diplomacy, economic pressure and military force, a senior Israeli official said on Wednesday.
· Middleeasteye
Elon Musk's xAI challenges Minnesota's ban on AI 'nudification' tech
Elon Musk attends the annual meeting of the World Economic Forum in Davos, Switzerland, Jan. 22, 2026. (AP Photo/Markus Schreiber, File)
· Marc Levy
Chinese firms grow global market share in 40% of products: Nikkei survey
The U.S. temporarily imposed tariffs of up to 145% on Chinese goods last year. © AP
· Staff Writer
(LEAD) Fed holds key interest rate steady in 9-3 decision
(ATTN: RECASTS headline, lead; UPDATES throughout)By Song Sang-ho
· Song Sang-ho
Fed holds interest rates steady despite Trump’s renewed calls to lower them
Rates remain unchanged for fifth time since December as tenuous Iran peace deal pushes energy prices up again
· Gaya Gupta
Fed holds key interest rate steady for 5th straight time
WASHINGTON, July 29 (Yonhap) -- The U.S. Federal Reserve on Wednesday held its benchmark interest rate steady for the fifth consecutive time amid continuing concerns over the economic impact of renewed fighting in the Iran war and U.S. President Donald Trump's calls to lower borrowing costs.
· Song Sang-ho
US Fed holds interest rates steady despite inflation threat | The National
The US Federal Reserve held interest rates steady for a fifth straight meeting on Wednesday despite rising inflation pressures from the Iran war.
· Kyle Fitzgerald
US Fed holds interest rates steady in split decision | The National
The US Federal Reserve held interest rates steady in a split decision on Wednesday, as renewed tensions in the Iran war add to fresh inflationary pressures.
· Kyle Fitzgerald
Fed holds interest rates steady as dissent mounts over whether to hike rates soon
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· Taylor Herzlich